News

Banking
Better Data Turns Small Business Loans From Problem to Profit
August 20, 2025

For decades, small business lending was banking’s problem child. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

Wearables
Meta to Unveil Smart Glasses With Display in September
August 19, 2025

Meta is reportedly set to unveil smart glasses that incorporate a display in September and offer them at a price starting at $800. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Nvidia-Backed AI Cloud Startup Lambda Closes $275 Million Credit Facility
August 19, 2025

Artificial intelligence (AI) cloud startup Lambda said Tuesday (Aug. 19) that it has closed a $275 million senior secured credit facility, led and arranged by JPMorgan. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Softbank Builds on AI Investments With $2 Billion Intel Partnership
August 19, 2025

Japanese conglomerate SoftBank is making a $2 billion investment into chipmaker Intel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Artificial Intelligence
MIT Researchers Craft New Molecules With Gen AI to Create Superbug Antibiotics
August 19, 2025

MIT researchers used generative artificial intelligence (AI) to create molecules that didn’t exist before to develop promising antibiotics candidates for MRSA, a superbug that has killed millions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Citi Pushes AI Into Commercial Banking
August 19, 2025

Citi has added new artificial intelligence-powered enhancements to its CitiDirect Commercial Banking platform as it continues the global rollout of the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
DeepSeek Releases New Version of Model Behind Its AI Chatbot
August 19, 2025

Chinese artificial intelligence startup DeepSeek has released a new version of the open-source AI model behind its controversial chatbot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Artificial Intelligence
Robinhood Adds AI-Powered Summaries to Cortex Investing Assistant
August 19, 2025

Robinhood has announced a new feature for Cortex, its artificial intelligence (AI)-powered investing assistant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Payments Innovation
Visa Says 73% of UK University Students Want Technology for Managing Bills
August 19, 2025

Visa found that 73% of university students in the United Kingdom would welcome technology that makes it easier for them to manage their bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...